Markets
Stocks, bonds, currencies and commodities, plus the macro flows moving global markets day to day.
UBS Raises STOXX 600 Target to 690 on Resilient Earnings and AI Optimism
UBS raised its year-end target for Europe's STOXX 600 index to 690 from 630, pointing to resilient earnings and AI-related upgrades. The mov
Indian Companies Set Record $46.3 Billion in Rupee Hedges After RBI Steadies Currency
Indian companies rushed to hedge against rupee volatility in June, with exporters booking a record $46.3 billion in currency protection afte
Kalshi Seeks CFTC Approval to Bring Perpetual Futures to FX, Metals, and Energy Markets
Kalshi, the prediction-markets platform, wants regulatory approval to offer never-expiring perpetual futures on foreign exchange, metals, an
Asia Stocks Steady as Korea Chip Rally Returns; Malaysia Holds Rates
Asian markets found footing Thursday as South Korea's KOSPI rebounded 0.5% on a chip stock rally, ending a three-day losing streak. Meanwhil
HSBC Cuts Gold Price Forecasts for 2026-2027 on Hawkish Fed, Strong Dollar
HSBC trimmed its gold price forecasts for 2026 and 2027, blaming a more hawkish Federal Reserve outlook and a stronger US dollar. The bank s
Gold Rebounds to $4,107.69 as Weaker Dollar Offsets US-Iran Tension Fears
Spot gold climbed 0.8% to $4,107.69 an ounce as the US dollar weakened, offsetting concerns that escalating US-Iran tensions could fuel infl
Fitch Warns Sukuk Issuance Depends on US-Iran Ceasefire Holding
Sukuk issuance dropped 36% to $125 billion in the first half of 2026. Fitch Ratings warns that a sustained recovery depends on the US-Iran c
China Stocks Rally as PBoC Pledges Loose Policy Despite Mixed Inflation Signals
Chinese stocks bounced on Tuesday after the central bank reaffirmed its commitment to loose monetary policy. The move came despite mixed Jun
Columbus Circle Capital Raises $200 Million in SPAC IPO for Future Acquisition
Columbus Circle Capital raised $200 million in a SPAC IPO, selling 20 million units at $10 each. The blank-check company will list on Nasdaq
Asian Fund Giants Temasek and Goldman Sachs Get Pickier on AI Bets, Favor Infrastructure
At Reuters NEXT Asia in Singapore, major investors including Temasek and Goldman Sachs Asset Management expressed a more cautious stance on
European Tech Stocks Rebound as Chip Names Rally, STOXX 600 Edges Up 0.4%
European stocks edged higher in choppy trading, led by a 1.6% gain in the tech sector as chip stocks rebounded. The STOXX 600 rose 0.4% to 6
Nikkei Rises 1.4% on AI Chip Rally, but Oil Gains Cap Broader Gains
Japan's Nikkei 225 climbed 1.4% as AI chip stocks like Kioxia and Advantest surged, but a 1% oil price jump from US-Iran tensions capped bro